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gm says it could lose as much as $1.8 billion. 18.5 million. that's the number of europeans who are currently unemployed. the region's jobless rate hit an all-time high in september of 11.6%. 146,000 people lost their jobs in the last month. spain and greece have the highest unemployment rates - both hover around 25%. young people have been hit the hardest - 3.5 million young people under the age of 25 are out of work. jpmorgan is still chasing down employees involved in the bank's massive $6-billion trading loss. reports say jpmorgan is suing the man who supervised "bruno iksill," the trader known as the london whale. iksill is said to be responsible for taking supersized positions in deravitives that led to multi-billion losses this year for jpmorgan. his boss, javier martin artajo, is now being sued in a british court by the bank. facebook is feeling the post- lock-up pinch and slipped a little. about 229 millon shares expired this week, giving faceboook employees the right to sell their stock as part of an agreement after facebook's ipo. bu
gm says it could lose as much as $1.8 billion. 18.5 million. that's the number of europeans who are currently unemployed. the region's jobless rate hit an all-time high in september of 11.6%. 146,000 people lost their jobs in the last month. spain and greece have the highest unemployment rates - both hover around 25%. young people have been hit the hardest - 3.5 million young people under the age of 25 are out of work. jpmorgan is still chasing down employees involved in the bank's massive...
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Oct 31, 2012
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yes. >> look, the gm one is highly misleading. the jeep one is a total lie. if mitt romney was pressed on this in a court case, it would be perjury. you could go to jail for lying this straightforward and this obviously. so that's a huge problem for him and his trust and the fact they're doubling down on it tells you a lot about where they are at. you know, he was also pressed today to answer questions on fema. he wouldn't answer. they wouldn't state a position on affirmative action even though it was in the supreme court this year, and obama did. there are still important issues where they will not tell the truth or give any answer at all. >> and i -- he's not trying to trick the jeep workers in toledo who know the truth. >> right. >> he's trying to get other people in ohio who don't have someone at the kitchen table who can tell them exactly how it works at chrysler. >> yeah, this is sort of like targeting messaging for low-information voters. i mean to your point. >> and doing it at the last minute. >> the last minute. it's harder to rebut. and one other p
yes. >> look, the gm one is highly misleading. the jeep one is a total lie. if mitt romney was pressed on this in a court case, it would be perjury. you could go to jail for lying this straightforward and this obviously. so that's a huge problem for him and his trust and the fact they're doubling down on it tells you a lot about where they are at. you know, he was also pressed today to answer questions on fema. he wouldn't answer. they wouldn't state a position on affirmative action even...
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Oct 31, 2012
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gm scoring big beats in the second quarter. the auto maker earned 93 cents a share for the quarter, that was well above the 60 cents the street had been looking for. phil lebeau has a special guest joining him to talk more about this. phil? >> thank you, becky, i'm joined by the cfo of general motors joining us on the "squawk" news line first on cnbc. when you look at you guys earning 33 cents more than the street was expecting. >> well, phil, i'd say overall it was a good quarter for us. and a challenging environment. being able to grow revenue, grow profits as you mentioned year-over-year. our margins are up slightly, strong cash flow. got some important launches away this quarter in terms of new vehicles into the market for cadillac and other of our brands. so good quarter overall, and we've made some progress on some of the tough issues in front of us including pensions and we're making reasonable progress in europe. >> and we'll talk about europe in a bit. but i want to ask you about revenue. nearly $2 billion better than
gm scoring big beats in the second quarter. the auto maker earned 93 cents a share for the quarter, that was well above the 60 cents the street had been looking for. phil lebeau has a special guest joining him to talk more about this. phil? >> thank you, becky, i'm joined by the cfo of general motors joining us on the "squawk" news line first on cnbc. when you look at you guys earning 33 cents more than the street was expecting. >> well, phil, i'd say overall it was a good...
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obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt romney and i approve this message. >> despite chrysler's flat-out denial of romney's china claim, the romney campaign took his lie a step further today with this radio ad in toledo, ohio, which is home to a jeep plant. >> barack obama says he saved the auto industry, but for who? ohio or china? under president obama, gm cut 15,000 american jobs, but they're planning to double the number of cars built in china which means 15,000 more jobs for china. and now comes word that chrysler plans to start making jeeps in, you guessed it, china. what happened to the promises made to autoworkers in toledo and throughout ohio? >> that provoked general motors spokesman to release this statement "we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its since call worst will diminish our record of creating jobs in the u.s. and repatriating profits back to this country." and in an
obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt romney and i approve this message. >> despite chrysler's flat-out denial of romney's china claim, the romney campaign took his lie a step further today with this radio ad in toledo, ohio, which is home to a jeep plant. >> barack obama says he saved the auto industry, but for who? ohio or china? under...
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Oct 31, 2012
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back to nicole petallides to talk about that and gm today. nicole: the play-by-play, the best decision of all for everybody but we are talking about ford and gm, up arrows today and 6.5%, general motors trading upwards of 7% and both of these coming out. board yesterday and today general motors beat the street. they could see weakness in europe but this does not come as a surprise. the u.s. automakers are having a nice showing on this first day of trading. certainly a monumental opening after being closed for two days and many of these have no self service or internet service but nyse systems able to trade electronically and full force smooth opening for the new york stock exchange. when i talked with duncan neiderauer and he talked about electronic opening the truth is these big companies, goldman sachs and j. p. morgan would have to bring in someone somewhere even if we were trading electronically and just for keeping people lot of harm's way is what he meant when he talked about it being irresponsible to open any earlier than today. the pr
back to nicole petallides to talk about that and gm today. nicole: the play-by-play, the best decision of all for everybody but we are talking about ford and gm, up arrows today and 6.5%, general motors trading upwards of 7% and both of these coming out. board yesterday and today general motors beat the street. they could see weakness in europe but this does not come as a surprise. the u.s. automakers are having a nice showing on this first day of trading. certainly a monumental opening after...
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just before the bell, we'll hear from gm, mastercard and mgm resorts, southern company, and waste management. >>> still to come, we'll continue our coverage of sandy. after the break, we'll get a forecast of some of the weather channel and we'll find out how it could impact the election as the president gets set to tour new jersey. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> you are watching "worldwide exchange" and these are your headlines. sandy leaves a massive path of devastation in its wake as r residents belong a long and costly recovery process. >>> barclays with two new investigations in the u.s. as the bank u
just before the bell, we'll hear from gm, mastercard and mgm resorts, southern company, and waste management. >>> still to come, we'll continue our coverage of sandy. after the break, we'll get a forecast of some of the weather channel and we'll find out how it could impact the election as the president gets set to tour new jersey. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get...
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the ad says under president obama, gm cut 15,000 jobs and planning to double the number of cars built in china. and the ad said chrysler also plans to start making jeeps in china. but a general motors spokesman told "the detroit free press," quote, we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back into this country. okay. >> willie, what do you think of cargate? >> cargate. they shouldn't lie. >> i think it's subjectively untrue. the ad. i think that pretty much ends it, right? it's false. no? >> what romney said on the stump was false. the ad is true. >> right. >> it's misleading, but it's true. >> explain what you mean. >> i'm sorry. what? >> production in the u.s. that exists. they're making jeeps in the u.s., selling them in the u.s. they're talking about making jeeps to sell in china in china. romney initially suggested on the stump, wrongly, that they were going to move all jeep production to china, including selling -- bu
the ad says under president obama, gm cut 15,000 jobs and planning to double the number of cars built in china. and the ad said chrysler also plans to start making jeeps in china. but a general motors spokesman told "the detroit free press," quote, we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back into this country. okay....
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Oct 29, 2012
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i do have gm and nissan and toyota with bodine motors. everybody talks about this. it is the out-of-control regulation, the difficulty we have with trade issues right now. that's why mitt romney has laid out a plan to create 12 million american jobs making america more business-friendly and reducing this regulation. >> and yet, the numbers, the at least from chrysler, they felt so compelled about what mitt romney was saying on the campaign trail that they issued a statement to say, not only are they not moving jobs to china, in fact, the company has nuns announced plans to hire an additional 12,000 workers in detroit. that will contradict what you say are concerns about auto workers? >> i don't see it as a contradiction at all. i think it is a testament to american ingeneral new at this time that people move forward to manufacture in this country. epa and government regulators are making it more and more difficult every single day. this is what we hear from so many of our manufacturers, large and small. >> let me really quickly play for you a clip that the president
i do have gm and nissan and toyota with bodine motors. everybody talks about this. it is the out-of-control regulation, the difficulty we have with trade issues right now. that's why mitt romney has laid out a plan to create 12 million american jobs making america more business-friendly and reducing this regulation. >> and yet, the numbers, the at least from chrysler, they felt so compelled about what mitt romney was saying on the campaign trail that they issued a statement to say, not...
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when you look at ford and general motors after their quarterly reports, gm reported today. ford actually reported yesterday despite the stock exchange was closed. both reports were good. both beat the street. both are up arrows. ford is up 6 1/2%. gm is doing really well after beating the street. they are seeing numbers surpassing estimates. tomorrow, we'll be key for auto sales. we'll get in other economic news. weekly jobless claims. friday will be the jobs report. certainly everybody is trying to get back to a sense of normalcy here. i'm hearing about guys talking about sleeping in host tolls, going to homes with power. everybody is contending and juggling a lot as they try to continue to keep markets running smoothly. back to you. cheryl: nicole, thank you very much. got brakinging news. ashley: we certainly do. the "new york post" reporting that mayor bloomberg will temporarily be banning passenger cars from entering manhattan. of course this is the as the city struggles to recover from hurricane sandy. the streets today were absolutely at a standstill. took people hou
when you look at ford and general motors after their quarterly reports, gm reported today. ford actually reported yesterday despite the stock exchange was closed. both reports were good. both beat the street. both are up arrows. ford is up 6 1/2%. gm is doing really well after beating the street. they are seeing numbers surpassing estimates. tomorrow, we'll be key for auto sales. we'll get in other economic news. weekly jobless claims. friday will be the jobs report. certainly everybody is...
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romney said he'll dump gm the moment he becomes president. but tim said that we'll wait until people are back to even. i think they'll get back to even. >> they say by mid decade in europe. >> i trust them. >> something we've been waiting to say all week long. the opening bell is coming up next. "squawk on the street" will bring it to you after this short break. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back. you're watching "squawk on the street" live from the financial capital of the world. opening bell set to ring in a little less than two mississinu. the man on
romney said he'll dump gm the moment he becomes president. but tim said that we'll wait until people are back to even. i think they'll get back to even. >> they say by mid decade in europe. >> i trust them. >> something we've been waiting to say all week long. the opening bell is coming up next. "squawk on the street" will bring it to you after this short break. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what...
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Oct 30, 2012
10/12
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gm said they will donate 50 chevy trucks to the red cross for use in recovery efforts. 3 m committed cleaning products, duct tape to the red cross. goldman sachs is setting up charging stations in conjunction with conrad, new york, and providi providing bottled water for residents. walmart is using its network to keep the word out about shelters by keeping website and twitter a counts updated with the latest information. >> thank you very much, courtney reagan. >>> restaurant in sandy's path facing head winds following storm damage. pizza maker papa johns has 600 locations near the storm. responsible for leading the company's global operations. joins us now from louisville, kentucky. great to have you with us. >> thank, melissa, great to be here. >> what sort of disruptions in terms of delivery and distribution are you seeing right now? >> well, as you said, we have 600 stores that were in the path of the storm. and last night we actually had between yesterday and last night 200 stores that were closed. and as of late this afternoon we still have around 100 that are still yet to be o
gm said they will donate 50 chevy trucks to the red cross for use in recovery efforts. 3 m committed cleaning products, duct tape to the red cross. goldman sachs is setting up charging stations in conjunction with conrad, new york, and providi providing bottled water for residents. walmart is using its network to keep the word out about shelters by keeping website and twitter a counts updated with the latest information. >> thank you very much, courtney reagan. >>> restaurant in...
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back in 09 when gm was getting bailed out delphi was going through bankruptcy and there were lots of employees salaried and union who were asking nervous questions about their pensions. >> how is our healthcare looking after retirement? how is our pension looking? everything is good. pension plan is well funded. >> we were told that everything was secure in your pension, and you plan on that for the rest of your life. >> until like its dayton area plants delphi shut down the employee pension plans handing them off to the federal government. >> when my pension went from 2,500 $50 a month guaranteed to the federal government saying you'll get $385 a month. >> and you spend years and years making your financial plan for retirement and going through all the numbers and wanting to live like you wanted to live and with your children and grandchildren, and then it gets taken away from you in a heartbeat. i feel absolutely betrayed. >> enter delphi's biggest auto parts customer gm and the obama administration's eagerness for a quick restructuring of the automaker, gm wanting labor peace agre
back in 09 when gm was getting bailed out delphi was going through bankruptcy and there were lots of employees salaried and union who were asking nervous questions about their pensions. >> how is our healthcare looking after retirement? how is our pension looking? everything is good. pension plan is well funded. >> we were told that everything was secure in your pension, and you plan on that for the rest of your life. >> until like its dayton area plants delphi shut down the...
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how many times we heard on the campaign trail from obama and others saying gm is roaring back. and i thought, wow, it all goes back to ohio and that auto bailout which was unpopular at the time, and now here we are. >> right. so one of the big questions is will mitt romney kind of blur the lines on the auto bailout sufficiently to gain a little ground in ohio? because that is a huge issue in that state. and arguably, we could be saying wednesday that that issue won the state for president obama and that it won reelection for president obama. >> do you think we're talking too much about ohio? listen, you've got the romney campaign saying they're looking at pennsylvania, minnesota, that they perhaps have some traction there. and we know the new numbers in florida. we'll talk with marc about that throe show at least a difference in polls from the nbc marist poll and local polls show romney is up more than we're indicating. >> first of all, i think both sides genuinely think they're going to win or certainly think they have a great chance of winning. that said, pennsylvania has alw
how many times we heard on the campaign trail from obama and others saying gm is roaring back. and i thought, wow, it all goes back to ohio and that auto bailout which was unpopular at the time, and now here we are. >> right. so one of the big questions is will mitt romney kind of blur the lines on the auto bailout sufficiently to gain a little ground in ohio? because that is a huge issue in that state. and arguably, we could be saying wednesday that that issue won the state for president...
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. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central focus of the debate. we have spoken to senators on both democrat and republican sides of the aisle, senator rob portman and sherrod brown about this ad. take a listen. >> i say it is the most disingenuous ad i've ever seen. they know better. they know the auto rescue worked. they know that ohio reasons connected directly or indirectly to the auto rescue and they know that governor romney and my opponent's opposition to the auto rescue, they're trying to crowd the issue and it is pretty outrageous. >> it is their game to the extent it is reported in the media and that's all they have said, there is reports this coul
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central...
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i can talk to the people outside of dayton that supply gm and other companies. i can tell you literally hundreds of stories of people whose homes were saved, whose families are getting an education, who are getting along okay today because of that rescue. that is why people came together. that is why senator voinovich, republicans and democrats alike, it was not perfect, but look at where we are. we had 10.6% unemployment rate in 2010, now is 7%. it is going down. 20% of the gdp since the auto rescue. that has come from automobiles, 20%. a sharonville plant is hiring people for the first time in 12 years. honda has invested 100 million new dollars in their plants. chrysler and gm have invested 500 billion in the last year alone. that is huge progress. it is clearly what keeps the middle-class going. >> you have just heard revisionist history from senator brown. he was not elected in 2010, he was elected in 2006 and he has been in washington for two decades. he attacked his opponent on high unemployment rates. since he has been in washington, unemployment rates h
i can talk to the people outside of dayton that supply gm and other companies. i can tell you literally hundreds of stories of people whose homes were saved, whose families are getting an education, who are getting along okay today because of that rescue. that is why people came together. that is why senator voinovich, republicans and democrats alike, it was not perfect, but look at where we are. we had 10.6% unemployment rate in 2010, now is 7%. it is going down. 20% of the gdp since the auto...
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. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're doing real well right now. >> her coworkers told us a similar story. who are you supporting for president? >> obama. >> why? >> because he's for the working class. and he helped with the bailout. >> it speaks about his dar character, speaks about his concern for us. >> in warren, ohio, some former autoworkers are angry. >> i was one of the innovators. bruce worked for delphi for 34 years, a senior engineer, nonunion. >> what did the auto bail out mean to you? >> the effect on me and my family is a loss of all my health care insurance, a loss of all my life i
. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're...
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you know, no trading of gm or google today. stock markets are closed. the nasdaq and new york stock exchange will shut down because of this storm. the nyse hasn't been closed for weather since hurricane gloria in 1985. the bond market will close early today at noon eastern. some 284,000 homes are in the path of this huge storm. 87 billion dollars in home at risk because of storm surge alone. protecting all that property meant a rush for retailers this weekend, selling flashlights, flywood, food, water. now the retailers are shutting their doors in the northeast and mid-atlantic and insurance companies are preparing for the claims about to come. quick reminder about your homeowners insurance. you want to check, soledad. you want to check and see what your coverage is. make sure you slide all of your paperwork in a ziplock bag and keep that with you. next couple of days will be crucial. >> very smart to do that now when it's not an emergency yet and you're holed up at home anyway. let's get to newark new jersey mayor cory booker. he comes on our show a fa
you know, no trading of gm or google today. stock markets are closed. the nasdaq and new york stock exchange will shut down because of this storm. the nyse hasn't been closed for weather since hurricane gloria in 1985. the bond market will close early today at noon eastern. some 284,000 homes are in the path of this huge storm. 87 billion dollars in home at risk because of storm surge alone. protecting all that property meant a rush for retailers this weekend, selling flashlights, flywood,...
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Nov 3, 2012
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that bet paid off where gm is investing in their auto plants. it paid off in toledo where chrysler is adding 1000 new jobs on a second shift, not in china but right here in ohio i hope when you talk to your friends and neighbors and they're trying to make up their mind in these last few days, think about that. think about the issue of trust. do you want a president is going to tell you what he believes and what he thinks? or someone was going to change the facts? after four years as president, you know me. you may not agree with every decision i have made, you may be frustrated sometimes with the pace of change, but you know what i believe in. you know where i stand. you know i tell the truth. you know i will fight for you and your family every single day as long as i know how. you know about. -- you know that. and you know that i know what real change looks like because i have fought for real change. you have helped me every step of the way. after all we have been through together, we cannot give up on a real change now. changes a country where
that bet paid off where gm is investing in their auto plants. it paid off in toledo where chrysler is adding 1000 new jobs on a second shift, not in china but right here in ohio i hope when you talk to your friends and neighbors and they're trying to make up their mind in these last few days, think about that. think about the issue of trust. do you want a president is going to tell you what he believes and what he thinks? or someone was going to change the facts? after four years as president,...
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. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> reporter: campaigning in ohio with former president clinton, vice president biden blasted the ad as false. >> chrysler has fellow bliged to go public and say there is no truth to this. jeep has no intention of shifting production of its jeep models out of north america to china. >> reporter: and while mitt romney is technically not campaigning today, he's doing a storm relief event, savannah, in the state of ohio. >> all right. chuck, a lot of folks are asking us this morning, is there a possibility with these widespread power outages that could last days, if not weeks, is there a chance the election day itself could be delayed? >> reporter: it's very unlikely. look, the presidential election day is something that is set in the constitution. now, states run elections, and they can decide to postpone, if they wanted to, it's happened before. new york city, of course, postponed new york city elections on 9/11 on the day that it happened. they postponed that. now, that
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> reporter: campaigning in ohio with former president clinton, vice president biden blasted the ad as false. >> chrysler has fellow bliged to go public and say there is no truth to this. jeep has no intention of shifting production of its jeep models out of north america to china. >> reporter: and while mitt romney is technically not campaigning today,...
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. >> obama took gm and chrysler into bankruptcy, and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. charles: all right guys, ford didn't take a bailout and amazing numbers, general motors in the meantime, losing market share, bogged down by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular structured bankruptcy which is what romney said they could do. yeah, but governor romney there was no private finance, remember the financial markets were collapsing and yet if you read his op-ed and i did the other way, 2008 op-ed put it in restructured bankruptcy and then have government-- >> as a back stop. >> a lot of conservatives don't like that, but you can see what he was talking about. charles: it would have worked, i agree. >> and what's key tt bankruptcy, it would have lowered their labor costs and would have been a requirement in the bankruptcy they're at $80 an hour and now at 60 when the competition i
. >> obama took gm and chrysler into bankruptcy, and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. charles: all right guys, ford didn't take a bailout and amazing numbers, general motors in the meantime, losing market share, bogged down by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular...
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gm says a "they are operating from a parallel universe" they called it. here is the thing they got -- they call the "campaign politics at its cynical worst." that is not for another political party -- that is not for me candidate. that is not a newspaper or a blog. it is from a spokesperson for general motors. ladies and gentlemen, and after i made this assertion, earlier today in sarasota, they rushed congressman ryan out there. seriously. congressman ryan came out and put out a statement or held a press conference. he said, the fact artifacts. by the way, the ultimate irony of this, the ultimate irony of this is, whenever the president talked about romnesia. it is contagious. congressman ryan has caught it. let me tell you the facts. congressman ryan voted with us. he voted in the congress with us. before he saw romney. he said, these are the facts. he is asserting the ad factually true. let me tell you the facts. the facts are, congressman, 1 million people are worker would not have been. 200,000 new jobs. governor romney wrote an editorial called "let
gm says a "they are operating from a parallel universe" they called it. here is the thing they got -- they call the "campaign politics at its cynical worst." that is not for another political party -- that is not for me candidate. that is not a newspaper or a blog. it is from a spokesperson for general motors. ladies and gentlemen, and after i made this assertion, earlier today in sarasota, they rushed congressman ryan out there. seriously. congressman ryan came out and put...
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obama took gm and chrysler into bankruptcy, and sold vicar will to italians who are going to build jeeps in china. >> i'm mitt romney and i approve this message. >> i would pull out the fire extinguisher for the guy's pants, because that is riddled with lies, and there's one thing you need to know about mitt romney, let detroit go bankrupt. >> bill: that's right. >> and the single biggest position these two folks had to make has been any auto industry. obama got it right, romney got it wrong. this guy's business experience is walking into a corporate room, with a boat load of money and say who is lucky enough to get this money? >> and what do you call it when you have a position one day and a different the next -- >> bill: romneysia. >> romneysia. >> bill: hey mayor, thank you for your time. and a great mayor of a great city. >> absolutely. get ready for the winter. >> bill: all right. we'll be right back with jamal simmons as a friend of bill. >> announcer: this is the "bill press show." ♪ dose of politics from a fresh perspective. >>i'm a slutty bob hope. the troops love me. >>only o
obama took gm and chrysler into bankruptcy, and sold vicar will to italians who are going to build jeeps in china. >> i'm mitt romney and i approve this message. >> i would pull out the fire extinguisher for the guy's pants, because that is riddled with lies, and there's one thing you need to know about mitt romney, let detroit go bankrupt. >> bill: that's right. >> and the single biggest position these two folks had to make has been any auto industry. obama got it...
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. >> ask gm which private investors would have helped them if it weren't for the federal government. certain industries need the federal government to step in to help when the private-- >> that's not true. >> those are facts. >> thank you very much, those are the facts. >> and brian, betsy, and as steve said you're going to share a taxi home. a great debate. >> alisyn: outrage from the father of a murdered navy seal, about the botched response. >> i couldn't understand why did they allow them to die? why didn't they send help. >> alisyn: more from that powerful interview ahead. all eyes on hawaii where a tsunami warning is still in effect. we've got the latest details, but that's not all. hurricane sandy barreling toward the northeast, what you need to know if you're in the monster storm path. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americ
. >> ask gm which private investors would have helped them if it weren't for the federal government. certain industries need the federal government to step in to help when the private-- >> that's not true. >> those are facts. >> thank you very much, those are the facts. >> and brian, betsy, and as steve said you're going to share a taxi home. a great debate. >> alisyn: outrage from the father of a murdered navy seal, about the botched response. >> i...
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that bet paid off where gm is investing in their auto plants. it paid off in toledo where chrysler is adding 1000 new jobs on a second shift, not in china but right here in ohio i hope when you talk to your friends and neighbors and they're trying to make up their mind in these last few days, think about that. think about the issue of trust. do you want a president is going to tell you what he believes and what he thinks? or someone was going to change the facts? after four years as president, you know me. you may not agree with every decision i have made, you may be frustrated sometimes with the pace of change, but you know what i believe in. you know where i stand. you know i tell the truth. you know i will fight for you and your family every single day as long as i know how. you know about. [applause] -- you know that. [applause] and you know that i know what real change looks like because i have fought for real change. you have helped me every step of the way. after all we have been through together, we cannot give up on a real change now. c
that bet paid off where gm is investing in their auto plants. it paid off in toledo where chrysler is adding 1000 new jobs on a second shift, not in china but right here in ohio i hope when you talk to your friends and neighbors and they're trying to make up their mind in these last few days, think about that. think about the issue of trust. do you want a president is going to tell you what he believes and what he thinks? or someone was going to change the facts? after four years as president,...
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Oct 30, 2012
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the idea you can be with gm or ford for your entire career, people realize it is not as clear and they're open to more open opportunities. some of it is getting the people have that innovative spirit to recognize now there is an opportunity with the company is developing here. maybe it is time to jump ship. but more importantly, how do you get the folks who left to try to come back here? i'm sure there are tens of thousands of people born and raised here or who went to one of the universities who would love to come back. they decided to leave. it really is all about talent. it is the idea plus capital, but the most important ingredient is talent. >> the most important agreement is training and education. another community that is of great interest and concern is not only the people working at these great companies but the people who are not working at all. detroit has way too many of them. i'm curious with the processes for the marginalized and here to for disenfranchised population of detroit. a quick comment from you -- what do you think is going to happen and what do you think should h
the idea you can be with gm or ford for your entire career, people realize it is not as clear and they're open to more open opportunities. some of it is getting the people have that innovative spirit to recognize now there is an opportunity with the company is developing here. maybe it is time to jump ship. but more importantly, how do you get the folks who left to try to come back here? i'm sure there are tens of thousands of people born and raised here or who went to one of the universities...
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Oct 29, 2012
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. >> obama took gm and chrysler into bankruptcy and sold chrysler to the italians who will build jeeps in china. mitt romney will fight for every american job. >> reporter: john kasich said the bailout impact on ohio has been overstated. >> when you take into account the companies and suppliers you're up 400 jobs. we didn't grow ohio's economy on just one industry. >> but his predecessor pushed back. >> i believe that the table was set by president obama and ohioans recognize that and i think that's why the president is going to win ohio. >> reporter: both campaigns in the wake of sandy have called off fundraising, emails and any fundraising events in any of the affected states. mitt romney's campaign put out word he spoke with the republican governors of states impacted on the storm,er name dropped chris christie and bob mcdonnell. the president will be in the situation room dealing with fema and that fallout. this is the october surprise but we don't know what it all means in eight days. savannah? >> chuck todd, thank you. joe scarborough and mika are hosts of "morning joe." >> one t
. >> obama took gm and chrysler into bankruptcy and sold chrysler to the italians who will build jeeps in china. mitt romney will fight for every american job. >> reporter: john kasich said the bailout impact on ohio has been overstated. >> when you take into account the companies and suppliers you're up 400 jobs. we didn't grow ohio's economy on just one industry. >> but his predecessor pushed back. >> i believe that the table was set by president obama and...
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it was obama who took gm and chrysler through bankruptcy. it was mitt romney who did provide for loan guarantees. every fact-checker who looked has said that barack obama was wrong and was not telling the truth. this is what is most important, with the communities depending on autos. the policies that will be good for the auto industry, for the state of ohio. [applause] he wants sensible regulations, for the auto companies and to make sure we can get the auto companies on their feet and make sure trade is fair. he wants worker retraining to work better. that will keep auto jobs in ohio. and strengthen the industry. that is what mitt romney will do. in the fourth're quarter and the score is tied. zone.i nthe ren the red the momentum is on our side. will we be sure we take mitt romney over the goal line in the next eight days? ladies and gentlemen, the next president of the united states, mitt romney. >> thank you. [applause] >> what an avon lake welcome. it is an honor to be with you. than, you, sen. portman, and sen. taylor. he was my sparri
it was obama who took gm and chrysler through bankruptcy. it was mitt romney who did provide for loan guarantees. every fact-checker who looked has said that barack obama was wrong and was not telling the truth. this is what is most important, with the communities depending on autos. the policies that will be good for the auto industry, for the state of ohio. [applause] he wants sensible regulations, for the auto companies and to make sure we can get the auto companies on their feet and make...
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the gm's going to be fired. and i'll tell you, rex either plays ball with him or rex is going to have to go. >> he didn't bring tim tebow in to cover punts. >> helmet on the entire time. >> valerie jarrett next. >> rex ryan has a problem with tim tebow. play him or trade him. >> valerie jarrett next. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ >>> welcome back to "morning joe." a live look at the capitol. and boy, mika, washington is going to get absolutely hammered. >> hammered. >> hammered. jersey is. all up and down the coast. we'll see what happens. >> two things about this, the storm surge, obviously, not looking like it's going to be backing off, but also the length of this storm. once it hits, it doesn't go away for quite some time. >> it's going to go for a while. >> it's going to be grueling. >> i think in the northeast the storm surge will probably be the worst coming into the city. i'd be surpri
the gm's going to be fired. and i'll tell you, rex either plays ball with him or rex is going to have to go. >> he didn't bring tim tebow in to cover punts. >> helmet on the entire time. >> valerie jarrett next. >> rex ryan has a problem with tim tebow. play him or trade him. >> valerie jarrett next. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ >>>...
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gm cut 15,000 american jobs, but they are planning to double the number of cars in china which means 15,000 more jobs for china. chrysler plans to start making jeeps in china. what happened to the promises made to autoworkers in ohio? this same hard-working men and women who were told the auto bailout would help them. mitt romney would welcome the auto industry. mitt romney, he will stand up for the auto industry in ohio. not china. host: so that is a radio ad that we were talking about. this has been on television ads across all media markets as well. guest: what i have seen in northeast ohio, yes, there is a version of that that runs. it has drawn a strong rebuke from the owners of chrysler. again, it is taking two unrelated things and trying to argue that the president is responsible for the shipping of jobs to china. there are investments being made in jeep in ohio. i think it is an example of how important the although voter is. -- the auto voter is. there may be some people who peel off who get upset about that china issue. host: running ads directly challenging the mitt romney
gm cut 15,000 american jobs, but they are planning to double the number of cars in china which means 15,000 more jobs for china. chrysler plans to start making jeeps in china. what happened to the promises made to autoworkers in ohio? this same hard-working men and women who were told the auto bailout would help them. mitt romney would welcome the auto industry. mitt romney, he will stand up for the auto industry in ohio. not china. host: so that is a radio ad that we were talking about. this...